What drives mergers & acquisitions waves of listed companies of the ChiNext market? IPO over-financing or stock overvaluation
A wave of mergers and acquisitions (M&A) has been consistently rising among the China’s ChiNext companies over the past years, which has drawn great attention across academia and industry. Based on the neoclassical theory and the behavioral theory, this paper explores the driving factors of M&am...
Main Authors: | Xin Xu, Yong-jin Liang, Shun-lin Song |
---|---|
Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2018-08-01
|
Series: | Technological and Economic Development of Economy |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/TEDE/article/view/3762 |
Similar Items
-
IPO initial returns in China: Underpricing or overvaluation?
by: Shunlin Song, et al.
Published: (2014-03-01) -
Clinical specificities of depression with overvalued ideas in slow progressive schizophrenia
by: A. Barkhatova, et al.
Published: (2022-06-01) -
Agency Costs of Overvalued Equity
by: Jensen, Michael C.
Published: (2010) -
The Impact of Equity Overvaluation on Earnings Management
by: Mahmoud Mousavi Shiri, et al.
Published: (2012-08-01) -
Internal corporate governance and the use of IPO over-financing: Evidence from China
by: Xin Xu, et al.
Published: (2012-09-01)